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US: The Next USSR? Ferguson Says Economy on Edge of Chaos

Complete video at: http://fora.tv/2010/07/08/The_Financial_Crisis_Will_It_Lead_to_Americas_Decline Harvard University history professor Niall Ferguson compares the United States economy to complex systems in nature. The U.S. financial system may appear from the outside to be in equilibrium, says Ferguson, but it is actually "quite close to the edge of chaos." ----- Niall Ferguson, David Gergen, and Mort Zuckerman discuss how America's global standing will be affected by the continuing financial crisis. This program was recorded in collaboration with the 2010 Aspen Ideas Festival, on July 8, 2010. Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies. He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University.
Length: 02:07

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